Harris Broadcast agreed to acquire Imagine Communications, a supplier of digital video solutions for content providers and system operators, for an undisclosed sum.
Imagine Communications supplies TV Everywhere transcoding that utilizes software running in a virtualized blade server environment. The solution combines video processing, Adaptive Bit Rate (ABR) transcoding and statistical multiplexing technology tp provide the bandwidth efficiency and density needed to meet the demand for TV Everywhere services.
Harris Broadcast said this is consistent with its long-term vision for product development focused on software and commercial-off-the-shelf hardware. Imagine solutions serve digital broadcast markets as well as emerging applications such as TV Everywhere, Network DVR (nDVR), Internet/Mobile Video and IPTV.
“Many of our content originator customers have been adding services for OTT and TV Everywhere, but have had to do so with bifurcated systems for linear and non-linear services,” said Charlie Vogt, Harris Broadcast CEO. “This acquisition enables Harris Broadcast to take a leadership position in the OTT and TV Everywhere market, while laying the foundation for the first true software defined integration of sales, scheduling, automation, playout and delivery across both linear and non-linear content distribution networks. Additionally, through this acquisition, we will expand our R&D and innovation initiatives, strengthen our encoding, transcoding and ABR market position, and increase our total global addressable market.”
http://www.harrisbroadcast.com
http://www.imaginecommunications.com
Imagine Communications was founded in 2005 and is based in San Diego.